The IRS states that, "any home that will be used as a principal residence will qualify for the credit. This includes single-family detached homes, attached homes like townhouses and condominiums, manufactured homes (also known as mobile homes) and houseboats." I am assuming a trailer home would be considered a manufactured home as well!

Thus, if your son meets the defiinition of a first-time home buyer and the income limits for claiming the tax credit and purchases a home that will be used as a principal residence, he should generally qualify for the First Time Home Owners Credit for a home purchased during the qualifying period.

The IRS states that, "any home that will be used as a principal residence will qualify for the credit. This includes single-family detached homes, attached homes like townhouses and condominiums, manufactured homes (also known as mobile homes) and houseboats." I am assuming a trailer home would be considered a manufactured home as well!

Thus, if your son meets the defiinition of a first-time home buyer and the income limits for claiming the tax credit and purchases a home that will be used as a principal residence, he should generally qualify for the First Time Home Owners Credit for a home purchased during the qualifying period.

I think you misunderstood my question. He already owns the trailer. It is registered with the DMV and sits on a rented lot in a trailer park. Again this trailer is not up to code. My question is does owning this trailer disqualify him from the credit if he is to buy a HOUSE. Thank you in advance for any help you can give me. Wendy Walsh